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Bitcoin Hash Rate Reach New Highs

by Pragati Shrivastava
, Bitcoin Hash Rate Reach New Highs

What does it mean and why does it matter what the Bitcoin hash rate is? For most of you, to simply say that the Bitcoin hash rate hit a new all-time high (ATHs) at over 119 Exa hashes per second (EH/s), which is equivalent to 1230 zettaFLOPS per second, you might be glassy-eyed and reject Bitcoin for being “too complicated”. So let’s put it to you simply: Each completed hash means that an intentionally n-difficult mathematical puzzle has been solved. The hash rate, measures how many times the network attempts to complete the puzzle every second.

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